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Read More »Naira depreciated by N26 against the dollar and traded at N1,596/$1 on the official exchange
Nigeria’s currency, the naira, started the week on a low note, weakening by N26 against the US dollar on Monday, August 26, 2024. The domestic currency trades at N1,596/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. This is in contrast to the exchange rate of N1,570/$1 traded on Friday, August 23, 2024. The intraday high and …
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